Title: Gst Registration Online | Kanakkupillai (1)
1Budget 2019 What's cheaper and what's
dearer - GST impact
2GST Budget 2019
- Finance Minister Nirmala Sitharaman presented
the maiden budget of Modi 2.0 announcing easing
of FDI norms in single-brand retail. - After promising tax cuts and doles in the interim
Budget, the BJP-led dispensation had raised
expectations for their first full-fledged Budget
after returning to power for a second time. - Here's a list of items that are expected to get
cheaper and dearer as Sitharaman's proposals kick
in.
3Economical - electronic items
- Made in India electronic items
- Electronic items made in India are set to
become cheaper as the Finance Minister announced
to withdraw customs duty on these items.
4Electric Vehicles
- The Finance Minister announced an additional
income tax deduction of up to Rs 1.5 lakh on the
loan taken to purchase an electric vehicle. - The net benefit will be of the order of Rs 2.5
lakh as India aims to become a global hub of
manufacturing electric vehicles. - The GST rate on electric vehicles lowered from
12 to 5.
5Apple products
- To get cheaper as FM proposes to ease FDI
norms in single-brand retail. Investment-linked
tax benefit on manufacturing of products like
lithium batteries and solar chargers.
6Costlier - Petrochemicals
- Petrol and Diesel
- Proposal to increase Special Additional
Excise duty and Road and Infrastructure Cess each
by one rupee a litre.
7- Gold The Government proposed to increase customs
duty on gold and other precious metals from 10
to 12.5. - Tobacco products Proposal to impose nominal
basic excise duty on tobacco products
8- Imported books To encourage domestic publishing
and printing, 5 customs duty is being imposed on
imported books. - Stainless steel products It was proposed that
duty be hiked from 5 to 7.5 on such
items.
9- Electronic goods ( Charger/ power adapter of
CCTV camera/CCTV camera and IP camera) Such
electronic goods are set to get costlier by at
least 5. - Split AC Indoor and outdoor units of Split Air
Conditioning units are set to get costlier by
10. - Automobile and automobile parts Imported
automobile and auto parts to get costlier to make
way for Make in India.
10- Textile
- Fully-imported cars
- Cashew Kernels
- Imported plastics
- Raw materials for manufacture of soap
- Optical fibre
- Ceramic tiles and wall tiles
- Set top box
- Import of defence equipment, not manufactured in
India.
11GST Consultants in Chennai
- Want to get your GST done in One step? Tired
of documentation process ? How about all process
done at your Doorstep with Hassle-free Process. - Kanakkupillai helps you with all your GST
registrations / GST filling process at one step.
12Kanakkupillai
- Kanakkupillai.com is India's biggest business
administration Platform to enable Business
visionaries to begin and deal with a business.
Kanakkupillai offers a suite of business
administrations like GST registration, trademark
registration, LLP registration, Professional tax
registration, IT Return Filing, etc at a low
price.
13Gst Registration Online
- Get your GST registration done by Best GST
Consultants in Chennai, Tamil Nadu at
Kanakkupillai. -
- Kanakkupillai provides you with all types
of GST Filling and Registration in Chennai. Get
in Touch at 7305345345 and get FREE consulting.
Being the best Business Service providers
Kanakkupillai specialists fix all your assessment
issues at one step.
14Contact Us
- CHENNAI OFFICE
- No 13/22 2nd floor, Yatra, TNGO Colony,
West Karikalan street, Adambakkam, Chennai 88 - Phone 7305 345 345
- Email support_at_kanakkupillai.com
- https//www.kanakkupillai.com/
15Thank You